median 1,489 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 656 €/mo rent · pays for itself in ~ 12 yrs
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Horizont (97 properties)
Fair investment rating
The rent covers 110% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced at the typical price (the median) for 3-room apartments in Horizont (97 properties) — 1,717 €/m² against 1,566 €/m².
Three-room apartment in the new-build Smokinite 4 complex, located in the Horizont district, Burgas.
The layout includes an entrance hall, spacious living room, two bedrooms (one with walk-in closet), two bathrooms with toilet and shower, as well as a terrace. Some apartments have an additional storage room.
The building is brick-built and new-build (2027), with an elevator and underground parking. The complex offers video surveillance, controlled access, and maintenance of common areas.
The location is about 3 km from the sea and close to therapeutic pools with mud and silt, with convenient infrastructure – supermarket, pharmacies, schools, and transport connections nearby.
The property is suitable for family living in a gated environment with additional amenities for sports and recreation.
With 20% down over 20 years the monthly mortgage payment is about 595 €, against an expected local rent of 656 €. The rent covers the whole payment (110%).
The asking price has risen by 9,000 € (7.2%) since it was first listed.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 7% higher than when it was first advertised.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 394 days.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,489 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 656 €/mo rent · pays for itself in ~ 12 yrs
median 1,401 €/m² for comparable properties
Rent covers ~ 71% of the payment
~ 656 €/mo rent · you top up ~ 267 €/mo
median 1,489 €/m² for comparable properties
Rent covers ~ 164% of the payment
~ 656 €/mo rent · pays for itself in ~ 11 yrs
median 1,489 €/m² for comparable properties
Rent covers ~ 186% of the payment
~ 656 €/mo rent · pays for itself in ~ 10 yrs
median 1,566 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 656 €/mo rent · pays for itself in ~ 16 yrs
median 1,489 €/m² for comparable properties
Rent covers ~ 144% of the payment
~ 656 €/mo rent · pays for itself in ~ 13 yrs
median 1,401 €/m² for comparable properties
Rent covers ~ 42% of the payment
~ 656 €/mo rent · you top up ~ 897 €/mo
median 1,401 €/m² for comparable properties
Rent covers ~ 42% of the payment
~ 656 €/mo rent · you top up ~ 897 €/mo